The Home Equity Theft Reporter: One Florida Trial Court Gets It Right; Says Bankster Has No Standing To Foreclose Merely By Reason Of Note & Mortgage Ownership By Its Wholly-Owned Sub The Home Equity Theft Reporter: One Florida Trial Court Gets It Right; Says Bankster Has No Standing To Foreclose Merely By Reason Of Note & Mortgage Ownership By Its Wholly-Owned Sub Stephen Espinoza Florida FHA Loan News
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Beware, the Foreclosure Collection Man Cometh In a nonjudicial foreclosure, the third party who normally handles the foreclosure process is called a "trustee." In theory, a foreclosure trustee is a neutral party, but the lender or loan servicer usually chooses the trustee, who is often affiliated with the lender or the lender’s attorney. So, trustees typically look out for lenders-rather than borrowers-in foreclosures because.
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